Google, like Facebook, in talks to buy Waze for about $1 bln -report

May 23 (Reuters) - Google Inc is considering buyingIsraeli mobile satellite navigation start-up Waze Inc, which maylead to a bidding war with Facebook Inc, Bloomberg newsreported, citing people familiar with the matter.

Waze is seeking more than $1 billion and is fieldingexpressions of interest from multiple parties, said Bloomberg,citing a source.

Other media have reported that Facebook Inc has heldtalks to buy Waze for as much as $1 billion

Google and other parties approached Waze after the Facebooktalks became public but none of the bidders are close toclinching a deal, Bloomberg said, adding that the start-up mightdecide to remain independent.

Waze could not immediately be reached for comment. Googledid not immediately respond to requests for comment.